Hillgrove Resources Limited

HGO

AU000000HGO6

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 02:11:02 2024-06-07 EDT			5-day change	1st Jan Change
0.075 ^AUD	-5.06%		-1.32%	-20.21%

05-23	Hillgrove Resources Extends Mineralization at Kanmantoo Mine; Shares Fall 5%	MT
04-29	Hillgrove Resources Accelerates Production at Kanmantoo Project	MT

Hillgrove Resources to raise up to $39 million for Kanmantoo underground development

March 02, 2023 at 12:46 pm

(via NewsDirect)

Hillgrove Resources Ltd (ASX:HGO) CEO Lachlan Wallace tells Proactive that a bookbuild process has been completed to boost its war chest by up to $39 million, through a placement, a commitment from Freepoint Metals and Concentrates LLC, and a share purchase plan targeting existing investors. The cash will provide Hillgrove with the equity funding to transform into a producer at its 100%-owned Kanmantoo Copper-Gold Project in South Australia.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Hillgrove Resources Limited

Hillgrove Resources Extends Mineralization at Kanmantoo Mine; Shares Fall 5%	05-23	MT
Hillgrove Resources Accelerates Production at Kanmantoo Project	04-28	MT
Hillgrove Resources Accelerates Kanmantoo Copper Production in March	04-03	MT
Hillgrove Resources Completes AU$10 Million Placement; Shares Down 9%	02-26	MT
Hillgrove Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	02-25	CI
Hillgrove Resources Receives Proceeds from First Copper Concentrate Sale from South Australian Mine	02-18	MT
Hillgrove Resources Produces First Copper Concentrate from South Australian Mine	02-11	MT
Hillgrove Resources Commences Kanmantoo Bulk Mining	01-09	MT
Hillgrove Resources Commissions Crusher at Kanmantoo Project Processing Facility; Shares Rise 4%	12-19	MT
Hillgrove Resources Transports Kanmantoo Project Copper Concentrates to Port Adelaide	12-04	MT
Hillgrove Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-22	CI
Hillgrove Resources Limited Appoints Dr. Roger John Higgins as A Non-Executive Director	23-06-05	CI
Hillgrove Resources Establishes Exploration Target for Kanmantoo Project	23-03-23	MT
Hillgrove Resources Ltd. Provides Exploration Target Update	23-03-22	CI
Hillgrove Resources Starts Early Works for Underground Development at South Australian Copper Project	23-03-16	MT
Hillgrove Resources to Start Extension Drilling at South Australian Copper Project	23-03-14	MT
Hillgrove Resources Limited Announces Mine Extension Drilling to Commence At Kanmantoo	23-03-13	CI
Hillgrove Resources to Raise AU$19 Million in Share Placement	23-03-02	MT
Hillgrove Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-27	CI
Hillgrove Resources Limited Auditor Raises 'Going Concern' Doubt	23-02-27	CI
Hillgrove Resources Hits Copper-Gold at South Australia's Kanmantoo Mine Lease	23-02-26	MT
Hillgrove Resources Limited Provides Drilling Update At Kanmantoo Mine Lease	23-02-26	CI
Hillgrove Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-28	CI
Hillgrove Resources to Receive $4.1 Million Under Kanmantoo Project Royalty Deal	22-08-24	MT
Hillgrove Resources Limited Provides the Spitfire Drilling Update	22-08-07	CI

Chart Hillgrove Resources Limited

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Company Profile

Hillgrove Resources Limited is an Australia-based mining company. The Company's flagship project The Kanmantoo Underground project is located approximately 55km from Adelaide. The Kanmantoo features the recently completed Giant, Nugent and Emily Star Open Pits, and a fully permitted and operational ore processing plant, and tailings storage facility with spare capacity. The Company's pipeline of exploration opportunities over more than 6,100 square kilometers (km2) of tenements. These tenements comprise three project areas: the Mine Lease Exploration, Near Mine Exploration and the Regional Exploration areas within the Kanmantoo Province in the south-east of South Australia. In addition to the Kanmantoo operation, The Company holds over 6,150 km2 of granted Exploration Licenses in South-eastern South Australia which are prospective for the discovery of economic copper deposits within a variety of geological settings (Southeastern Copper Project).

Sector

Specialty Mining & Metals

Calendar

2024-08-25 - Q2 2024 Earnings Release (Projected)

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Sector Other Specialty Mining & Metals

	1st Jan change	Capi.
HILLGROVE RESOURCES LIMITED	-20.21%	110M
SOUTHERN COPPER CORPORATION	+28.36%	88.94B
FREEPORT-MCMORAN INC.	+15.09%	73.62B
MINING AND METALLURGICAL COMPANY NORILSK NICKEL	-.--%	28.77B
SUMITOMO METAL MINING CO., LTD.	+14.60%	10.77B
JIANGXI COPPER COMPANY LIMITED	+52.72%	9.99B
BOLIDEN	+12.88%	9.33B
KOREA ZINC INC.	+0.20%	7.42B
WESTERN MINING CO.,LTD.	+28.80%	6.08B
PT PETRINDO JAYA KREASI TBK	-41.90%	5.17B

Other Specialty Mining & Metals

Hillgrove Resources Limited

Equities

HGO

AU000000HGO6

Specialty Mining & Metals

Hillgrove Resources to raise up to $39 million for Kanmantoo underground development

Contact Details

Latest news about Hillgrove Resources Limited

Chart Hillgrove Resources Limited

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Sector Other Specialty Mining & Metals